NetSuite Exam ERP-Consultant Topic 2 Question 62 Discussion

Actual exam question for NetSuite's ERP-Consultant exam

Question #: 62
Topic #: 2

[All ERP-Consultant Questions]

Which default recognition methods are available when creating a new revenue recognition rule? (Choose two.)

AStraight-line, prorate all periods except first and last (period rate)

BStraight-line, by even periods

CStraight-line by exact periods

DStraight-line, prorate first and last period (period rate)

Show Suggested Answer

Suggested Answer: B, D

by Bok at Aug 26, 2024, 08:57 AM

Limited Time Offer

25%

Off

Get Premium ERP-Consultant Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Catrice

5 months ago

Wait, there's a 'period rate' option? What is this, rocket science? I'm sticking with B and C - keep it classic, keep it simple.

upvoted 0 times

Laticia

4 months ago

Nicolette: Let's go with those then, no need to overcomplicate things.

upvoted 0 times

...

Ciara

4 months ago

I think B and C are the best choices for us.

upvoted 0 times

...

Nicolette

5 months ago

Yeah, those options seem straightforward.

upvoted 0 times

...

Eric

5 months ago

I agree, let's keep it simple with B and C.

upvoted 0 times

...

Shelba

5 months ago

I'm feeling lucky, so I'm picking A and D. Prorating the first and last periods? Sounds like a good way to impress the boss.

upvoted 0 times

...

Sharika

5 months ago

This is a trick question, isn't it? I'm gonna go with C and D just to be safe. Straight-line all the way, baby!

upvoted 0 times

Albina

4 months ago

I agree with you guys, C and D seem like the best choices for default recognition methods.

upvoted 0 times

...

Laurene

4 months ago

I'm not sure, but I'll go with A and B just to mix it up.

upvoted 0 times

...

Wayne

4 months ago

I think it's C and D too. Straight-line seems like the safest option.

upvoted 0 times

...

Corazon

5 months ago

Hmm, I'm going with B and D. Who cares about the first and last periods, am I right? Let's just keep it simple and even.

upvoted 0 times

Carry

4 months ago

Fair point, but I still think keeping it simple with even periods is the way to go.

upvoted 0 times

...

Margarita

4 months ago

I prefer C and D actually. Exact periods seem more accurate.

upvoted 0 times

...

Malcom

5 months ago

Yeah, I agree. Let's just stick with even periods.

upvoted 0 times

...

Tula

5 months ago

I think B and D are the way to go. Keep it simple.

upvoted 0 times

...

Janey

6 months ago

Straight-line, prorate all periods except first and last (period rate) and Straight-line, by even periods seem like the obvious choices here.

upvoted 0 times

Meghann

5 months ago

I agree, B) Straight-line, by even periods also seems like a logical choice.

upvoted 0 times

...

Annette

5 months ago

I agree, B) Straight-line, by even periods also seems like a solid choice.

upvoted 0 times

...

Annette

5 months ago

I think A) Straight-line, prorate all periods except first and last (period rate) is a good option.

upvoted 0 times

...

Meghann

5 months ago

I think A) Straight-line, prorate all periods except first and last (period rate) is a good option.

upvoted 0 times

...

Veronique

6 months ago

I believe it's A and D because they involve prorating the first and last periods.

upvoted 0 times

...

Elliot

6 months ago

I'm not sure, I think it might be B and C instead.

upvoted 0 times

...

Ronald

6 months ago

I agree with Josephine, A and D seem like the correct options.

upvoted 0 times

...

Josephine

6 months ago

I think the default recognition methods are A and D.

upvoted 0 times

...